ASHWAUBENON -- Potts Avenue will be renamed Mike McCarthy Way to honor the Green Bay Packers' head coach for winning Super Bowl XLV.

The Village Board unanimously approved the change on Tuesday night, but the timing remains up in the air while village president Mike Aubinger negotiates with the Packers over compensation for area businesses.

The change was celebrated in a ceremony at noon Wednesday outside Green Bay Distillery, 835 Potts Ave., across the street from Ray Nitschke Field. McCarthy and team president Mark Murphy attended, along with Aubinger and Green Bay Mayor Jim Schmitt.

Neither the Packers nor McCarthy ever asked for the street to be renamed, but the team expressed a willingness to help businesses defray some of the cost associated with a change of address, Aubinger told the board.

Packers Head Coach Mike McCarthy gets choked up during a ceremony to officially dedicate Potts Avenue to him Wednesday, July 23, 2014. Jim Matthews/Press-Gazette Media. null

Ted Thompson, general manager of the Green Bay Packers, watches from the rear during a ceremony to officially dedicate a street to coach Mike McCarthy Wednesday, July 23, 2014 at Green Bay Distillery. Jim Matthews/Press-Gazette Media. null

Packers Head Coach Mike McCarthy holds the street sign with his name during a ceremony to officially dedicate the street to him Wednesday, July 23, 2014. At left is Ashwaubenon Village President Mike Aubinger and McCarthy's daughter Alex. Jim Matthews/Press-Gazette Media. Jim Matthews/Press-Gazette Media.

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Tim and Lori Glodoski, owners of Soap Products Co., told the board they have about $10,000 tied up in products, labels, sales slips, mailing supplies and other items that bear the company's Potts Avenue address. The company has been there more than 50 years, and the Glodoskis have owned it since 2000.

"If it was going to cost you guys $5,000 on your property taxes, for instance, would you be as willing to say 'yes,' if it was personal like that?" Lori Glodoski asked the board. "This is $10,000 we have not budgeted. If you vote 'yes,' you personally are giving us a bill for $10,000."

Tim Glodoski told the board a delay would allow the company to sell off and use up items bearing the Potts Avenue address. He expressed satisfaction in the board's vote.

The Glodoskis were the only members of the public to speak in the public-hearing portion of Tuesday's meeting. Aubinger said 25 people have property on the route, but most are renters.

The board agreed to postpone the change for up to a year, if necessary, while Aubinger tries to get the Packers to help with the cost. Area property owners will have to absorb some of it, but the Packers' willingness to help could speed up the timing of the name change, Aubinger said.

The name change will affect Potts from Oneida Street to Ashland Avenue. The portion east of Ashland Avenue will remain Potts, named after a person who developed a subdivision in the area, Aubinger said. It will join a list of other Packers-related street names in the area, including Lombardi Avenue, Brett Favre Pass and Tony Canadeo Run.

"I'm not a fan of this," trustee Ken Bukowski said of the yearlong effort to make the name change happen. "I respect Coach McCarthy; he's a gentleman. But this causes lots of problems.

"I hope we don't go through this again for a long, long, long time — unless we go to the Super Bowl again."

— psrubas@pressgazettemedia.com and follow him on Twitter @PGpaulsrubas.